The US will announce the advanced Gross Domestic Product (GDP) on July 28 at 15:30 MT time.
In May British retail sales tumble
In May, British retail sales dropped more than expected as official data demonstrated on Thursday.
The UK Office for National Statistics told that in May retail sales headed south 1.2% from the previous month, unlike the previous 2.5% gain, which was revised from an initial 2.3% soar.
Financial experts had expected May’s outcome to edge down by 0.8%.
Year-on-year, retail sales went up 0.9% the previous month, compared to predictions for surge of 1.7%. April’s reading was revised upward to 4.2% from the previous 4% leap.
Core retail sales, excluding fuel and car sales inched up by 1.6% in May, compared to the previous 2.2% jump that was updated upward from the first soar of 2%.
Financial experts had expected core retail sales to decrease by 0.8% the previous month.
Year-on-year, in May core retail sales added 0.6%, unlike the previous month’s 4.6% soar and the consensus prediction for a 1.9% soar.
Meanwhile, in May American retail sales edged down.
The ECB will make a statement regarding the future monetary policy on Thursday, July 21, at 15:15 MT time (GMT+3).
The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on July 8, at 15:30 MT time.
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The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.